A luxury apartment in South Mumbai has been sold for ₹69 crore, highlighting continued demand for ultra-premium residences in the city's most exclusive neighbourhoods. The property is located in the Godrej Carmichael residential project on Carmichael Road, a prime luxury address in the city.

According to property registration documents, the apartment has been purchased by Menon Realty LLP. The unit is located on the 14th floor of the Godrej Carmichael project in South Mumbai.

The apartment has a total RERA carpet area of 4,359 sq ft, which includes approximately 425 sq ft of balcony area. The deal was executed at a price of ₹1.58 lakh per sq ft.

The transaction was registered on 25th February, 2026. Stamp duty amounting to ₹4.14 crore was paid for the deal, along with a registration fee of ₹30,000.

The apartment purchase also includes three dedicated car parking spaces.

High-value residential transactions continue to take place across Mumbai's premium micro-markets.

In March 2025, SR Menon Realty LLP purchased a luxury apartment measuring 14,866 sq ft in Worli for ₹187.47 crore at a per square foot price of over ₹1.26 lakh.

The apartment is located in the Lodha Sea Face project developed by Macrotech Developers. The transaction was registered on March 13, 2025, with a stamp duty payment of ₹11.25 crore and a registration fee of ₹30,000.

The Godrej Carmichael project has also witnessed other notable luxury transactions.

In April 2025, Pirojsha Adi Godrej, chairperson of Godrej Properties, along with his cousin Freyan Crishna Bieri, purchased four apartments in the same project at a record price of ₹1.78 lakh per sq ft. The apartments were acquired through Ceres Developers, an entity where Pirojsha Godrej serves as a director along with Clement George Pinto, chief financial officer of Godrej Industries.

South Mumbai continues to remain one of India's most expensive residential markets. Localities such as Carmichael Road, Malabar Hill, and Worli attract high-net-worth individuals due to their limited supply of housing, heritage charm, and proximity to key business districts.

Luxury developments in these areas regularly command record-breaking prices because of exclusivity, location advantage, and strong long-term investment potential.

The ₹69 crore sale at Godrej Carmichael reinforces South Mumbai's reputation as a hub for ultra-luxury residential transactions. With limited land availability and sustained demand from affluent buyers, premium projects in locations like Carmichael Road continue to command some of the highest property values in the country.